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Saudi arabia
Democratizing Investing: A Revolution in the Making?
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Education Center
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Saudi Arabia
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Institutional FX
Saudi Arabia CMA Greenlights Regulations for Market Making
Saudi Arabia is betting on the continued development of its capital market.
The local stock exchange is 11th in the world in terms of capitalization.
Monday, 05/12/2022 | 08:39 GMT
by
Damian Chmiel
News
Tamara Secures $100 Million in Series B Funding Round
The round was led by Sanabil Investments.
Coatue, Shorooq Partners and Endeavor Catalyst also participated in the funding round.
Friday, 26/08/2022 | 10:57 GMT
by
Bilal Jafar
News
Survey Reveals a High Crypto Adoption Rate among Saudi Arabians
76% of crypto investors have less than one year of experience in crypto investment.
The survey found that 63% of crypto investors are men.
Wednesday, 13/07/2022 | 17:23 GMT
by
Felipe Erazo
Thought Leaders
Saudi Arabia Looking to Achieve Sustainability Aims of Vision 2030
In order to achieve the goals, both industries and individuals will need to adapt.
Tuesday, 03/05/2022 | 15:08 GMT
by
FM
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Regulation
Saudi Central Bank Warns Official Entities on Forex Trading
The advisory was signed by the Capital Market Authority and the Ministry of Commerce.
Entities have warned against the use of their official Twitter handles.
Friday, 22/04/2022 | 17:27 GMT
by
Felipe Erazo
CryptoCurrency
Survey Finds Majority of Saudis Aware, but Only a Few Invest in Crypto
Many Saudi residents invest in cryptocurrencies to diversify their portfolio.
Government initiatives help to promote crypto investing in Saudi Arabia.
Monday, 28/02/2022 | 16:00 GMT
by
Nicholas Otieno
Retail FX
Saham Holding Launches MetaTrader 5 Trading Platform on the Saudi Stock Exchange
Saham Holding has begun serving its clients with MetaTrader 5 chats.
The fintech wants to enable its customers to access popular global financial instruments.
Friday, 11/02/2022 | 07:48 GMT
by
Nicholas Otieno
News
Saudi Fintech Sector Attracted $347 Million in the Last 12 Months
The number of active fintech companies has increased by 37% during the same period.
Monday, 25/10/2021 | 16:42 GMT
by
Bilal Jafar
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Executive Moves
Morgan Stanley Banker Motaz Alangari to Join Banque Saudi Fransi
Both parties have not addressed the executive move publicly as of press time.
Thursday, 14/10/2021 | 18:03 GMT
by
Felipe Erazo
News
Saudi Arabia Inches Closer to Officially Launch Digital Currency with UAE
SAMA and the central bank of the UAE jointly published a report to show key benefits of a CBDC.
Monday, 30/11/2020 | 08:43 GMT
by
Bilal Jafar
Regulation
BNY Mellon Secures Custody Licence from Saudi Arabia’s CMA
BNY Mellon Saudi Financial Company has been authorised to conduct Custody activities in the securities business.
Monday, 20/07/2020 | 06:46 GMT
by
Celeste Skinner
FinTech
Saudi Arabia's Central Bank Injects Liquidity in Local Banks via Blockchain
The blockchain deployment is part of SAMA’s efforts to explore emerging technologies
Monday, 08/06/2020 | 14:08 GMT
by
Finance Magnates Staff
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News
MoneyGram Enters Saudi Arabia with Local Bank Partnership
The country is the second-largest outbound remittance market.
Friday, 05/06/2020 | 07:09 GMT
by
Arnab Shome
Executive Moves
Natixis Opens Office in Saudi Arabia, Names Reema Al-Asmari as CEO
The company has opened a Corporate & Investment Banking office, Natixis Saudi Arabia Investment Company.
Monday, 01/06/2020 | 06:52 GMT
by
Celeste Skinner
Analysis
Analysis: Where Are Middle East FX Traders Depositing Most Often?
While the size of deposits and withdrawals remain the same, the number of deposits goes lower in October
Sunday, 05/01/2020 | 19:22 GMT
by
Sylwester Majewski
News
Saudi Arabia, UAE Leaders Confirm Plans to Launch Digital Currency
The project was officially unveiled earlier this year and named Aber.
Thursday, 28/11/2019 | 13:56 GMT
by
Arnab Shome
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Analysis
Equiti Goes to Saudi, Alibaba to Use Crypto: Editor's Pick
We take a look back at the most riveting and interesting stories from last week.
Sunday, 01/09/2019 | 10:46 GMT
by
David Kimberley
Prime Brokerage
Equiti Group Partners Saudi Arabia’s 3rd Largest Bank
The non-bank liquidity provider just landed a new major deal in the Middle East with Riyad Bank
Thursday, 29/08/2019 | 13:33 GMT
by
Victor Golovtchenko
Exchanges
Goldman Sachs Tops Brokerage Firms in Saudi Market Last Month
HSBC Saudi Arabia also moved up to second place, accounting for 9.4 percent of total trading in May.
Monday, 10/06/2019 | 20:03 GMT
by
Aziz Abdel-Qader
Analysis
INTL FCStone Launches PB, EU's New AML Rules: Editor's Pick
Keep up to date with the most interesting and top stories in the crypto or FX space.
Sunday, 28/04/2019 | 12:39 GMT
by
Finance Magnates Staff
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Brokers
Breaking: Saudi Arabia Issues First License for Forex Trading
The Kingdom of Saudi Arabia is the newest regulatory destination in the MENA region
Friday, 26/04/2019 | 12:39 GMT
by
Victor Golovtchenko
Retail FX
Saudi Arabia Threatens to Ditch USD Oil Trades if NOPEC Passes
Should Saudi Arabia carry out its threat, the foreign exchange industry could change as we know it.
Friday, 05/04/2019 | 06:32 GMT
by
Celeste Skinner
Analysis
As GCC Countries Move Away From Oil, the FX Industry Grows
The region shows a lot of promise, and as knowledge of the FX industry grows, so will trading.
Thursday, 14/03/2019 | 08:56 GMT
by
Celeste Skinner
News
Saudi Arabia and the UAE Central Banks to Create Joint Token
Details are still being worked out, but the token will not be for use by the general public.
Wednesday, 12/12/2018 | 14:01 GMT
by
Simon Golstein
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Innovation
Saudi Arabia to Launch Cryptocurrency Next Year
Only for bank payments, the new coin is being created in conjunction with the UAE.
Thursday, 22/11/2018 | 09:11 GMT
by
David Kimberley
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